'They have concerns': CPP public town hall a hot ticket in Calgary
The hottest ticket in town Tuesday night wasn’t the Flames or a Top 40 concert – instead, a public town hall hosted by the Canada Pension Plan (CPP) investment board took the top spot.
The BMO Centre hosted the event, which needed to be moved to a larger venue thanks to increased interest.
The board hosts public meetings across Canada every two years to update people on the fund’s performance, governance and investment approach.
The last time it was in the city, 10 Calgarians attended.
This year, up to 1,000 were expected.
The pension plan has been a hot topic in Alberta over the past year after the provincial government released a commissioned report exploring the possibility of an Alberta Pension Plan (APP).
According to the report, if Alberta gave the required three-year notice to quit the CPP, it would be entitled to $334 billion, or about 53 per cent of the fund by 2027.
Critics called that a large overestimation.
Calgarians seem intent on seeking out the truth.
“They want a better sense of what is the CPP, what are its advantages and how might that compare to whatever Alberta is thinking about,” Mount Royal University political scientist Lori Williams said. “They have concerns that only the (CPP board) can address.”
Premier Danielle Smith has said she will not call a referendum on the topic until the Office of the Chief Actuary releases an updated number.
More information on the public meetings can be found on the CPP Investments’ website.
The board will be in Edmonton on Wednesday.
CTVNews.ca Top Stories
Air turbulence: When can it become dangerous?
Flight turbulence like that encountered by a Singapore Airlines flight on Tuesday is extremely common, but there's one aspect of severe turbulence an aviation expert says can lead to serious injury.
B.C. serial killer Robert Pickton hospitalized after prison attack
British Columbia serial killer Robert Pickton was attacked and sustained life-threatening injuries in a Quebec prison Sunday in what officials described as a 'major assault.'
opinion Tom Mulcair: With Trudeau spiralling, Mark Carney waits in the wings
In his latest column for CTVNews.ca, former NDP leader Tom Mulcair argues that if there's an unofficial frontrunner in the eventual race to replace Justin Trudeau as Liberal leader, it has to be former Bank of Canada governor Mark Carney.
Toronto Blue Jays fan struck by 110 m.p.h foul ball offered tickets, signed baseball by team
The Toronto Blue Jays have offered tickets and a signed baseball to a fan who says she was struck in the face by a 110 m.p.h (177 km/h) foul ball at Friday’s game.
Orphan orca's extended family spotted off northeast side of Vancouver Island
Members of a killer whale pod related to an orphan orca calf that escaped a remote British Columbia tidal lagoon last month have been spotted off the northeast coast of Vancouver Island.
OPP continues to investigate boat collision north of Kingston, Ont. that left 3 people dead
Ontario Provincial Police continue to investigate a long weekend fatal boat collision on Bobs Lake, north of Kingston, Ont.
Matthew Perry's death is being investigated over ketamine level found in actor's blood, reports say
An investigation has been opened into the death of Matthew Perry and how the “Friends” actor received the anesthetic ketamine, which was ruled a contributing factor in his death.
WATCH Why today's inflation numbers are good if you have a mortgage
New inflation data is 'welcome news' for consumers and an economist says it could signal the possibility for a interest rate cut as several core measures also continue to ease.
'Miscommunication' Liberals say of Speaker Fergus event invite Conservatives call partisan
House of Commons Speaker Greg Fergus is facing fresh Conservative-led calls to resign, this time over "very partisan" and 'inflammatory' language used – the Liberals say mistakenly – to promote an upcoming event.